Currency Depreciation News Monitoring

Indian Assets Take a Beating as Rupee Plunges Past 86 to New Low

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg India’s rupee tumbled below a key psychological level of 86 per dollar, …

House Approves Additional Stimulus, Dollar Weakens

(MENAFN- Daily Forex) :"The US House of Representatives decided to back President Trump\u0026rsquo;s proposal to give additional stimulus payments to Americans in need, which has been a recent point of contention between both parties. Now the decision …

Rupee breaches 86 against US dollar on strengthening dollar, weak FII inflows

The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year.Higher crude oil prices and continued outflows from foreign …

China’s yuan hovers near 16-month low despite official support

SHANGHAI: The yuan hovered near 16-month lows against the dollar on Monday, despite more support measures for the currency and as the greenback remained buoyant following strong US jobs data. The yuan is under renewed depreciation pressures, affected by a …

Indian Rupee Hits Fresh Record Low Against US Dollar, May Drop To 87 By March End

(MENAFN- Khaleej Times) Indian rupee touched an all-time low against US dollar. At the time of filing this report, the rupee was trading at 86.40 against US dollar. Experts say the volatility trends show that the rupee will drop to 87 by March end. " …

Rupee depreciation yields limited benefits for exporters: Experts

Depreciation of the rupee against the US dollar is providing limited benefits to domestic exporters due to the high import content in shipments and uncertainties in the global market, according to experts. While a weaker rupee typically boosts export …

Rupee Weakening: Limited impact on inflation, growth, but importers to face pressure

The current trend of weakening rupee is unlikely to impact India’s trade balance adversely or significantly impact inflation or growth prospects, even as it will hurt importers. " The impact of a weak rupee on imported inflation is expected to be …

China Boosts Yuan Support With Warning, Capital Control Tweaks

(Bloomberg) -- China ramped up its support for the yuan with a warning and tweaks to its capital controls, after the currency dropped close to a record low against the dollar in offshore trading. Most Read from Bloomberg The People’s Bank of China and …

To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt

China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country braces for the return of Donald Trump who is expected to bring greater headwinds to trade and the exchange rate. The People’s Bank of …

Rupee depreciation poses dilemma for RBI rate cut decision amidst liquidity squeeze

China steps up policy measures to defend fragile yuan

SHANGHAI (Reuters) - China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing and sending verbal warnings as the Chinese currency hovered around 16-month lows against a strong dollar. The …

Business : ​​​​​​​Ringgit Opens Lower Against US Dollar In Early Trade 

By Danni Haizal Danial Donald KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.   At 8 am, …

Will the US dollar repeat the 2017 Trump performance?

Summary of key points: - Financial markets hold their “Rinse and Repeat” conviction on Trump policies Aussies now price for a February interest rate cut Financial markets hold their “Rinse and Repeat” conviction on Trump policies The appreciation of the US …

Indian rupee may hit 26 to the UAE dirham as RBI loosens grip

On January 10, the rupee hit a record low of 86.04, closing at 85.9728 against the dollar. The Indian rupee could drop below 26 per the UAE dirham or hit 90 per dollar this year as the Reserve Bank of India is poised to move away from its implicit quasi- …

RBI may limit interventions to keep rupee competitive

Mumbai: The Reserve Bank of India (RBI) may shift its currency intervention strategy to allow the depreciation of the rupee in line with its emerging market peers to retain export competitiveness and cushion the negative impact of its US dollar sales on …

Falling rupee putting pressure on Air India’s cost structure, says company – How does weak rupee hit airlines’ ...

The Indian rupee’s steep decline, which recently hit a record low of 86.04 against the US dollar on January 10, is significantly impacting the aviation industry. For Air India, whose cost structure heavily depends on dollar-denominated expenses, the weak …

India News | Falling Rupee Puts Pressure on Air India's Cost Structure; Int'l Flights Provide Hedge: Company Official

New Delhi, Jan 12 (PTI) Falling rupee puts pressure on Air India's cost structure and profitability but the airline has some natural hedge as it can charge more for international flights where tickets are priced in foreign currencies, according to a …

Falling Rupee puts pressure on airfare: Air India CCO Nipun Aggarwal

The Indian aviation sector has experienced strong growth in recent years, but the weakening rupee and rising dollar present challenges for the industry. "The falling rupee does put pressure on our cost structure, as most of our costs are in dollars,…

Falling rupee puts pressure on Air India's cost structure; international flights provide hedge: Company official

Falling rupee puts pressure on Air India's cost structure and profitability but the airline has some natural hedge as it can charge more for international flights where tickets are priced in foreign currencies, according to a senior company official. …

Tecta America Commercial Roofing Acquires Alpine Roofing

The national leader in commercial roofing acquires the leading company performing commercial roofing in Sparks, Nevada ROSEMONT, IL, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Tecta America, the national leader in commercial roofing, …

Truss Financial Group Introduces Dedicated Spanish-Language Loan Services

Truss Financial Group now offers Spanish-language loan services, ensuring inclusive support for VA, FHA, Conventional, and Reverse Mortgage borrowers. LADERA RANCH, CA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Truss Financial Group …

Former Business Executive's Beloved Estates in Winston-Salem, NC to be Sold at Online Auctions Beginning January 27th

Located in the exclusive French Coves community, these luxurious estates will be sold via Interluxe Auctions with bids starting at $1.2M and $750K respectively. WINSTON-SALEM, NC, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Interluxe …

alt.ai and Nihon M&A Center launch PoC for CloneM&A, an M&A matching system that utilizes AI clone technology

Taking on the challenge of commercializing the world's first clone matching technology in M&A for small and medium-sized enterprises TOKYO, JAPAN, January 13, 2025 /⁨EINPresswire.com⁩/ -- alt Inc. (https://alt.ai/en/, head …

Corinium Global Intelligence Announces CDAO Fall 2025 in Boston, MA

BOSTON, MA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Corinium Global Intelligence is thrilled to announce the highly anticipated CDAO Fall 2025, taking place on October 14-15, 2025, in the historic city of Boston. This flagship event …

Corinium Global Intelligence Announces CDAO Chicago 2025 in Chicago, IL

CHICAGO, IL, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Corinium Global Intelligence is excited to announce the arrival of CDAO Chicago 2025, scheduled for August 8-9, 2025, in the vibrant city of Chicago. This leading event will unite …

RE•WORK Announces AI in Healthcare & Pharma Summit 2025 in Boston, MA

BOSTON, MA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- RE•WORK is excited to announce the AI in Healthcare & Pharma Summit 2025, taking place on November 18-19, 2025, in Boston, MA. This premier event will bring together healthcare …

RE•WORK Announces AI in Finance Summit NY 2025 in New York, NY

NEW YORK, NY, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- RE•WORK is excited to announce the AI in Finance Summit NY 2025, scheduled for April 15-16, 2025, in the financial capital of the world, New York City. This premier event will …

Conexis Appoints Keena Haynes-Clark to Spearhead Growth

Conexis VMS, A hyper growth VMS technology, that helps companies manage their contingent workforce, appoints Keena Haynes-Clark as Director, of Solution Sales PARK RIDGE, IL, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Conexis VMS, a …

Leonard Financial Solutions Highlights the Critical Role of 'Sequence of Returns' in Retirement Planning

MOORESTOWN, NJ, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Leonard Financial Solutions, a trusted leader in retirement planning, is shedding light on a crucial concept for retirees: the impact of the Sequence of Returns on financial …

Kimberly Killian Law Joins Jimerson Birr, Bringing Decades of Insurance and Corporate Legal Expertise

JACKSONVILLE, FL, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Jimerson Birr, a Florida-based business law firm, is pleased to announce that Kimberly Killian Law has joined the firm as Group Lead in Banking & Finance, Insurance, …

UnchainedTV Original Series, Kale Krew, Garners 5 Taste Awards Nominations

As the 16th annual Taste Awards nominations were announced, UnchainedTV was thrilled that the network's shows received a slew of nominations. HOLLYWOOD, CA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Kale Krew, an UnchainedTV …

Pittsburgh Design & Engineering Showcases Remarkable Client Achievements and Lasting Impact

Trusted Expertise: PittDES Earns Praise for Innovative Structural Solutions and Outstanding Client Satisfaction Across Pittsburgh PITTSBURGH, PA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Pittsburgh Design & Engineering Services …

Theta Lake Named a Visionary in the 2025 Gartner® Magic Quadrant™ for Digital Communications Governance and Archiving ...

Company Positioned in the Visionaries Quadrant Based on its Vision and Execution SANTA BARBARA, CA, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Theta Lake, Inc., a multi-award winning leader of Digital Communications Governance and …

Private Jet flight prices dipped in Q4 per the latest jet card pricing analysis from Private Jet Card Comparisons

Q4 '24 Jet Card prices dropped 0.5% from Q3 and were up 2.8% for the year. That puts guaranteed availability fixed/capped rate jet cards at 23.8% above 2019. MIAMI, FL, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Jet card …

Bioeconomy Information Sharing and Analysis Center Announces 2025 Cyberbiosecurity Summit Speakers

Event details for the Cyberbiosecurity Summit can be found at cyberbiosecuritysummit.org. WASHINGTON, DC, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Today, the Bioeconomy Information Sharing and Analysis Center (BIO-ISAC), makes its …

Balfour Capital Group Hosts Exclusive Webinar to Analyze Strategic Investment Opportunities Under Trump Administration

YVERDON-LES-BAINS, SWITZERLAND, January 13, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is pleased to announce an exclusive webinar to be held on January 22, 2025, focusing on the market and economic implications of the first two days of …

Landlord Insurance Market to Hit $40.9 Billion, Globally, by 2032 at 7.8% CAGR: Allied Market Research

Landlord Insurance Market to Hit $40.9 Billion, Globally, by 2032 at 7.8% CAGR: Allied Market Research NEW CASTLE, DE, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Landlord …

Business Travel Insurance Market Research 2021: Key Growth Factors and Opportunity Analysis by 2030

Business Travel Insurance Market Research 2021: Key Growth Factors and Opportunity Analysis by 2030 NEW CASTLE, DE, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the global …

South Korea Car Finance Market Outlook from 2021 to 2030, Covering Global Sales, Supply, Demand, and Consumption

South Korea Car Finance Market Outlook from 2021 to 2030, Covering Global Sales, Supply, Demand, and Consumption NEW CASTLE, DE, UNITED STATES, January 13, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, …